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Bitcoin slipped under $70,000 for the first time since April 7, extending weakness into early June and falling nearly 5% over the last 24 hours to around $69,400. The move triggered heavy derivatives shakeouts, with BTC contracts seeing $445 million in liquidations during the same 24-hour window and long positions making up more than 95% of the total.

The global digital asset market experienced a sharp programmatic shakeout over the last 24 hours, with Ethereum (ETH) bearing the brunt of high-beta liquidations. ETH slumped 9.21% in 24 hours, skidding down to $1,816.42 amid an intense wave of derivatives volume that topped $71.60 billion. The digital asset’s market capitalization settled at $219.35 billion.

Microsoft Corp. (NASDAQ: MSFT) closed regular trading hours on June 2, 2026, down 4.17% at $441.31, with a minor additional decline of 0.65% to $438.42 in extended after-hours trading. While short-term options traders reacted to an initial wave of profit-taking following the opening day of the Microsoft Build developer conference in San Francisco, institutional allocators are focusing on a monumental, structural realignment in the company's long-term business model.

Bitfinex says Bitcoin (BTC) is sliding into a "slow bleed" market phase, with distribution-led selling and softer spot and institutional demand weighing on price. In May, BTC briefly moved above $82,000 early in the month but later ended down 12.5% from its local top. The report also points to $3 billion in cumulative spot Bitcoin ETF outflows over the past three weeks as a signal of reduced conviction.

GameStop Corp. (NYSE: GME) closed regular trading hours on June 2, 2026, down slightly at $20.92, but instantly electrified the after-hours session, rocketing 7.07% higher to $22.40. This aggressive price movement was triggered by a dramatic structural reversal in the entertainment retailer’s fiscal Q1 earnings report, paired with an immense new capital return program.

Broadcom Inc. (NASDAQ: AVGO) closed the June 2, 2026, trading session at a record high of $481.57, jumping 4.70% during regular hours before extending its rally up to $495.00 (+2.79%) in after-hours trading. This bullish surge propelled Broadcom's market capitalization to a staggering $2.2 trillion, positioning the semiconductor and infrastructure software behemoth directly ahead of its highly anticipated fiscal Q2 2026 earnings release on June 3.

NVIDIA Corp (NASDAQ: NVDA) continues its historic run, sitting firmly as the world’s most valuable company with a market capitalization hovering around $5.4 trillion. Coming off a robust Q1 2026 earnings report featuring an 85% year-over-year revenue surge to $81.6 billion and a 92% explosion in Data Center sales to $75.2 billion, CEO Jensen Huang turned Computex 2026 in Taipei into a multi-front competitive blitz.

Mt. Gox transferred 10,306 BTC worth $730.78 million to a new wallet after a two-month lull, while 116.3 BTC ($8.2 million) cycled back to its hot wallet as change. Bitcoin slid below $70k to a 7-week low of $69,277 and was last quoted at $69,406, down 4.5% on the day. Despite the decline, exchange outflows of $4.45 billion over three days suggest dip buying, though momentum indicators still point to downside risk toward $65k.

Strategy's sale of 32 BTC for $2.5 million has drawn attention to how bitcoin treasury companies raise cash while trying to keep BTC exposure. The company disclosed in a June 1 SEC filing that the May 26–May 31 transactions were aimed at funding preferred stock distributions, putting dividends, reserves, and borrowing options under closer scrutiny.

Crypto treasury-company flows fell to $180 million in May, the weakest monthly total since October 2024, with Bitcoin-linked firms taking $177 million of the inflows. April posted $4.4 billion, meaning May was down 95% month over month, while Litecoin recorded a $1.89 million outflow.